Best crypto exchanges

[Wiseman]

An exchange could either be a centralized one or a decentralized exchange, the one we should get used to isn't the one we are all using, everyone tends to make use of a centralized exchange than the decentralized one, this makes it more a thing to consider which is more better, not what the people are using, we can see that the centralized exchanges have more dominance in usage than the decentralized exchange but on a real sense, making use of a decentralized exchange is better for our privacy if we care about it.

Now these advantages of centralized exchanges are practically disappearing, many decentralized exchanges use arbitrage bots attached to large centralized exchanges and trading on them you get all the liquidity of large centralized exchanges, as well as they already have the ability to trade on futures with leverage.

[Perfect540]

Binance coinbase bitmart Ascendex coinex okx kucoin mexc and bitfinex are my favourite exchanges because these are best for buy and sell crypto coins also suitable for transactions.more than ten million people use these exchanges.

Currently, central exchanges are controversial, especially the controversial events of the Binance exchange have created a fearful situation for central exchanges in the public mind.  However, due to the overall advantages of centralized exchanges, people are still paying attention to centralized exchanges over decentralized exchanges.  But I don't think central exchanges will lose importance as long as P2P and futures trading continues.

[Rikafip]

Yobit, where I participate in all sorts of investments from this exchange

I must say that I am quite surprised that anyone is still using Yobit. I mean, general consensus among crypto community is that they are scammy exchange with many dubious practices, among them being those investment schemes.

[Wiseman]

Yobit, where I participate in all sorts of investments from this exchange

I must say that I am quite surprised that anyone is still using Yobit. I mean, general consensus among crypto community is that they are scammy exchange with many dubious practices, among them being those investment schemes.

Yes all because Yobit still does not require verification and it can be considered a cryptocurrency exchange where you are completely anonymous, previously all exchanges were like this, but now there are already a few, plus I previously described that they are constantly paying their followers in the form of airdrop and projects.

[I-Bit]

Yobit is completely safe to use, the main thing is to install 2Fa and don't worry, I've been on that exchange for 8 years.

I'm surprised to know you used Yobit for 8 years. It is surely a long time, you must understand everything about Yobit.
Sure, Password or 2Fa will be very crucial for the safety of our exchange accounts. I think it doesn't only applies for Yobit but for all exchanges.

About binance I mean limitation of users on withdrawals in p2p exchange, if they could do such a thing then no vpn will not help here, they can simply check your documents (where you are from) and limit you, this is not yet on binance but if they already accept such things that some exchanges for example as the same Yobit has not ever done it is already very bad news, so the bad news personally in my understanding now about binance )

Indeed. When Binance asks for KYC, VPN can't help us. They know where we are from, they will simply forbid us to join Binance. It is actually no chance to join Binance if Binance excludes our country. But if only our government that is prohibited us to access Binance, we still have the solution as long as Binance can accept us.

[Z-tight]

People pick exchanges based on what suits them, centralized exchanges are data farms and can confiscate your funds at anytime, but it is a 'convenient' option for most people and they choose to use it. P2p exchanges are less convenient and lacks liquidity, but for privacy people use it to trade their coins because they are not ready to give their data to a third party.

For anyone looking for a list of p2p exchanges, here is it: https://kycnot.me/?type=exchange

[Hamza2424]

People pick exchanges based on what suits them, centralized exchanges are data farms and can confiscate your funds at anytime, but it is a 'convenient' option for most people and they choose to use it. P2p exchanges are less convenient and lacks liquidity, but for privacy people use it to trade their coins because they are not ready to give their data to a third party.

For anyone looking for a list of p2p exchanges, here is it: https://kycnot.me/?type=exchange

Hmm, liquidity is kind of not a big problem for the P2P exchanges anymore, it was a serious issue back in 2019 to 2021 but now seems like after 2022 things are on evolution, what I consider a major con of the P2P exchanges is the network fees only for rest they much much better than most centralized exchanges, now with the time, these exchanges are also getting kind of all in touch of maximum functionality like any other centralized exchanges.

Privacy can also be a concern for people but when it comes to comparison bro, centralized exchanges expose everything and in P2P or decentralized exchanges the user's very personal details like confidential documents remain safe.

[Rikafip]

Yes all because Yobit still does not require verification and it can be considered a cryptocurrency exchange where you are completely anonymous

True, you don't have to go through KYC to use Yobit, but instead its just a matter of time when you will lose all your money.

I've used Yobit long time ago in my early crypto days but nowadays when we have loads of options I woulnd't touch it with a ten foot pole.

[Wiseman]

Yes all because Yobit still does not require verification and it can be considered a cryptocurrency exchange where you are completely anonymous

True, you don't have to go through KYC to use Yobit, but instead its just a matter of time when you will lose all your money.

I've used Yobit long time ago in my early crypto days but nowadays when we have loads of options I woulnd't touch it with a ten foot pole.

Well agree that there are a lot of people like me who have been there for many years and nothing happens to us, yes there were all sorts of flaws but it is all leveled by the fact that there without spending a lot of time you can make money and the risk of losing it is about the same everywhere and I also do not keep a lot of money on this exchange, because I do not trust not only them but all).

[Charles-Tim]

Yes all because Yobit still does not require verification and it can be considered a cryptocurrency exchange where you are completely anonymous

True, you don't have to go through KYC to use Yobit, but instead its just a matter of time when you will lose all your money.

I have used Yobit before. It is the most shady exchange that I have seen before.

The exchange has a page for investment or so, if you go there you will see coins that will give you 10x to 100x daily return at the time. How does that sound to your ears as an experienced person? If you mistakenly go for any, you will notice the drop in price of the coins than the daily profit and the end result will always be losses.

On Yobit you will see gambling. Yobit supposed to be an exchange, but it is also a gambling site. Some people can be tempted to gamble with their coins.

Also there are ways you will have like for example $100 worth of coin like bitcoin, because you converted to a shitcoin that its value is very small, you may end up having just $1 or less worth of the coin that you converted to.

If anyone hear Yobit, they should know it is a shady exchange that can lead to money loss.

[Wiseman]

I have used Yobit before. It is the most shady exchange that I have seen before.

The exchange has a page for investment or so, if you go there you will see coins that will give you 10x to 100x daily return at the time. How does that sound to your ears as an experienced person? If you mistakenly go for any, you will notice the drop in price of the coins than the daily profit and the end result will always be losses.

On Yobit you will see gambling. Yobit supposed to be an exchange, but it is also a gambling site. Some people can be tempted to gamble with their coins.

Also there are ways you will have like for example $100 worth of coin like bitcoin, because you converted to a shitcoin that its value is very small, you may end up having just $1 or less worth of the coin that you converted to.

If anyone hear Yobit, they should know it is a shady exchange that can lead to money loss.

You wrote the most correct statement to the exchange Yobit (Yobit should be an exchange, but it is also a gambling site), I do not see anything wrong with it, some people even play casino) the main thing is to know it and then you will not lose money there, yes there are a lot of coins that fall when they get into the investment box, but not only on this you can earn there, the main thing is to understand how it all works.

[kulkhan]

I use many top cryptocurrency exchanges and the most top ones, as for me, are binance, kucoin, coinbase, huobi, gate, ftx, of course there are many top cryptocurrency exchanges which is very easy to use and with which I had no problems at all, here I am just pointed out a small list of very high quality and reliable cryptocurrency exchanges.

Yes your mentioned Exchangers are best exchanger in cryptocurrency market. I also use Binance, Kucoin, gate.io and all are good. But Binance is on of the best cryptocurrency Exchanger i think. Binance is also Biggest crypto Exchanger. Binance is more easier Because we can do transection easily by P2P through our local currency. And Binance is more trusted. Overall thinking Binance is Best crypto Exchanger ever.

[dekafee79]

Yes all because Yobit still does not require verification and it can be considered a cryptocurrency exchange where you are completely anonymous

True, you don't have to go through KYC to use Yobit, but instead its just a matter of time when you will lose all your money.

I've used Yobit long time ago in my early crypto days but nowadays when we have loads of options I woulnd't touch it with a ten foot pole.

agreed with opinions above.
people which prefer as anonymous in crypto will use exchange that not requires KYC.
We can use Yobit, but put big assets there.
I don't  know yobit is safe or not.
Be alert at the beginning of something important.
Not only in Yobit, I also never put big asset in exchange wallet.
Just do transactions and WD to my private wallet.

[Wiseman]

Yes all because Yobit still does not require verification and it can be considered a cryptocurrency exchange where you are completely anonymous

True, you don't have to go through KYC to use Yobit, but instead its just a matter of time when you will lose all your money.

I've used Yobit long time ago in my early crypto days but nowadays when we have loads of options I woulnd't touch it with a ten foot pole.

agreed with opinions above.
people which prefer as anonymous in crypto will use exchange that not requires KYC.
We can use Yobit, but put big assets there.
I don't  know yobit is safe or not.
Be alert at the beginning of something important.
Not only in Yobit, I also never put big asset in exchange wallet.
Just do transactions and WD to my private wallet.

Ideally, of course, you should use only decentralized exchanges and keep your money on wallets, but not always so you can do and some exchanges can still be trusted, I will not say that Yobit is the exchange on which it is safe to store money, but I will not say the opposite, as I have been there for many years.

[Gladitorcomeback]

I am going to assume everyone has at least 3 different exchanges active... do you mind telling me your top 5 or more in order of your favorite?  I will assume if you say Binance.com you are not in America (if u r, can you please state it or say use VPN?).. trying to see if I am on track to use the best ones going forward although I realize all this can change tomorrow... recently Binance.us and Kucoin have taken FOREVER to get my account in good order, could not even WD, was excruciating!    Please feel free to add the other platforms like pancake/uni/sushi etc...  Thank you!

I have started using Binance app, the features in Binance app are very great, I am using this app only and I like this very great exchange. There is one thing that has been added in it, which is copy trading, and it can also do futures trading, in addition, spot trading is being done in a very powerful way, that is, a new thing every time it is updated. Which is introduced and Binance is the number one exchange and I like it because it's very easy to trade in. Can do as if we learn what is in the start they are guiding you full of way. I am only doing as spot trading which is free of risk.

On the other hand there is a notification on which is very beneficial for me because of upcoming new launching of update or additional pairs added in the binance exchange.
The most important thing is security is very tight of this exchange out money are keep safe always.